Moneco Advisors LLC Lowers Stake in Pacer Trendpilot US Large Cap ETF $PTLC

Moneco Advisors LLC lowered its stake in shares of Pacer Trendpilot US Large Cap ETF (BATS:PTLC) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 150,456 shares of the company’s stock after selling 17,045 shares during the quarter. Moneco Advisors LLC owned 0.23% of Pacer Trendpilot US Large Cap ETF worth $8,362,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wolff Wiese Magana LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter valued at $40,000. Burkett Financial Services LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter valued at $41,000. Ancora Advisors LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter valued at $57,000. First Horizon Corp bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 3rd quarter valued at $173,000. Finally, Sard Wealth Management Group LLC bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at $200,000.

Pacer Trendpilot US Large Cap ETF Stock Performance

PTLC stock opened at $57.79 on Thursday. Pacer Trendpilot US Large Cap ETF has a 52 week low of $47.13 and a 52 week high of $57.89. The firm’s fifty day moving average is $54.59 and its 200 day moving average is $55.48. The firm has a market cap of $3.78 billion, a P/E ratio of 25.78 and a beta of 0.60.

About Pacer Trendpilot US Large Cap ETF

The Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund that is based on the Pacer Trendpilot US Large Cap index. The fund tracks an index that allocates to a proprietary US large-cap index and\u002For 3-month US T-bills, according to momentum. PTLC was launched on Jun 11, 2015 and is managed by Pacer.